Topic: How do you store your fiat currency? - page 2. (Read 3571 times)
Usually those people who have that huge amount of money do not literally store all of it in their home's safe. They store it on banks for time deposits, insurances, investments, and other profitable way. Plus, people who have those huge amount of money do not use a physical money, they pay their bills with cards. Hassle free right? I think they had only little money inside their wallets.
I have a ledger that I put most of if not all of my bitcoins on.
I do feel that they are safe on there because I don't move it from computer to computer.
Only use it on one PC so I do feel it is safe in the way that I use it.
I do feel that they are safe on there because I don't move it from computer to computer.
Only use it on one PC so I do feel it is safe in the way that I use it.
I'm curious how people with a lot of currency; even if it's just $7,000.00, store it?
I've seen it done a lot of different ways in the US.
well we can't day about another person , but honestly my total saving in bank ( fiat ). is now into half into the bitcoin . now i started my trading in bulk . I've seen it done a lot of different ways in the US.
I currently store in EUR
My fiat is just in my own house. I don't want to put it in a bank because if I'm going to withdraw it through an ATM, I'll be forced to withdraw the minimum amount even though I don't need that much. That would just make me spend more than I have to. Having all of your money in cash is okay because you can just take the exact amount of fiat you need when you're going out but there are some money hoarding laws in some countries.
I'm pretty sure that's how most people do it. I mean when you get your salary, you keep a portion in cash at home for groceries and other little things you might need that's off budget no? Cash is so much easier to use than cards and it's faster too, unless it's a really big amount in which case card is preferable. Surely you don't mean to say you keep all of your money in your house?
I store it in the bank like any normal person does.
But if I had alot of it like a million dollars cash then I would more than likely can afford a safe to put it in then. It would be way more secure that way.
Are people who don't store it in bank not normal But if I had alot of it like a million dollars cash then I would more than likely can afford a safe to put it in then. It would be way more secure that way.
Store in bank is not normal, because bank owns the money not you 
I store it in the bank like any normal person does.
But if I had alot of it like a million dollars cash then I would more than likely can afford a safe to put it in then. It would be way more secure that way.
But if I had alot of it like a million dollars cash then I would more than likely can afford a safe to put it in then. It would be way more secure that way.
i stored au dollars a long time ago, bank account as well as the paper and save money i need to get something like a bank. Most of the time there is always money it really helped me, so you can save money on more important accont's purposes will remain there for the
Nowadays i am considering to withdraw everything i got from my bank. The situation is getting shittier with everyday. No need to take risks. If a bank steals your money, you can't do anything about that. It is all legal.
Bank accounts are the best way to save your fiat currency as there is low risk there and we can also get profit through interest. But if we have some huge amount to save then real estate is another good option for it , because we can get maximum profit through real estate. Depending upon you and your money if you have a sharp mind and big amount to save then then go for real estate it else go for bank account.
I store my fiat currency at the... "STORE." I don't have enough to store any other way, except if I don't want to eat, that is.
I allocate my excess funds every month this way.
60% growth stocks
20% dividend stocks
10% high risk stocks
5% bonds
5% bitcoins
0% in the bank
60% growth stocks
20% dividend stocks
10% high risk stocks
5% bonds
5% bitcoins
0% in the bank
Most of my money is still in Bank and i use credit cards to spend it and pay my bills. I am trying to use Bitcoin as much as i can but here where i live (Croatia, Zagreb) we have only two BTM machines and i dont know any shop where you actually can pay with Bitcoin. Roughly, 80% of money i have is at Bank and rest is in Bitcoin.
majority of my savings i have invested in shares and bonds and rest in fixed deposits in bank and some in gold jewellery,because in case of emergency availing a gold loan is much easier than the rest
I do not understand people who just keep currency. What for? Money must make money. We need to invest, this - the path to success
My fiat is just in my own house. I don't want to put it in a bank because if I'm going to withdraw it through an ATM, I'll be forced to withdraw the minimum amount even though I don't need that much. That would just make me spend more than I have to. Having all of your money in cash is okay because you can just take the exact amount of fiat you need when you're going out but there are some money hoarding laws in some countries.
I store my fiat currency mostly on bank, since it is the safest way to store money and earn a little from interest rate. only 1% of my fiat currency is stored in bitcoin and it have tripled because of the pumps that happened in the past few months and am continuing to still support bitcoin, gonna buy back when the price is low. Lastly, 5% of my fiat is what I use in daily life, it is also multiplying because of job and so on.
like so many other people i also store my fiat currency in Bank, i thin banks are the best option for saving our fiat currency as banks give us so may other services related to our daily life routine.
My fiat currency is invested in stocks and bonds.
I allocate 5% of my funds to bitcoins
I allocate 5% of my funds to bitcoins
Lol, that`s an expert in storing money=) goo.gl/lpWbVw
One of russians ex-officials used to store 20bn RUR (~$330mln) in his flat in cash.
The weight of that pile of money was estimated around one metric ton
One of russians ex-officials used to store 20bn RUR (~$330mln) in his flat in cash.
The weight of that pile of money was estimated around one metric ton
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